At first glance, it seemed to merit a shrug. The buyer was an LLC that could be traced back to a CPA in the San Francisco area, a woman of retirement age. The profile fits the deep-pocketed subset who might buy a sizable slice of land near Ithaca, and build a home for their retirement enjoyment. Not uncommon in Tompkins County.

Then on Wednesday, the same buyer purchased 114 and 122 Birdseye View Drive from the Cleveland family for $485,000. 122 is a 4-bedroom single-family, and 114 a 3-bedroom single-family. Both are next to IC, nearly new houses in a development otherwise filled with small-scale student housing. So, things just got more interesting. We’ll see if anything comes of the Wiedmeier property.

2. Just briefly touching on Hamilton Square this week – one of the questions I previously held off on addressing was the possibility of the abatement. Although the county has said they’re open to considering affordable housing tax abatements or PILOTs (Payments In Lieu Of Taxes) as part of their housing strategy, housing itself usually isn’t enough to merit a visit to the IDA. But with the addition of the nursery/daycare, it bared similarities to 210 Hancock, which cited its planned daycare center and the new jobs at the center in its PILOT request.

So, I asked what the plan was. Here’s the response from INHS’s Real Estate Development Director, Joe Bowes:

“We are not seeking an abatement from the IDA for the project. If the day care is a non-profit then it would be tax exempt without the need for an IDA abatement. The housing does not need the abatement in this case so it will be assessed and will pay property taxes. 210 had other reasons for requesting an abatement.”

Emphasis his. In the documentation on Hancock, the abatement was partially driven by the acquisition cost of the property and the need for a deep pile foundation. The buildings are much smaller at 46 South Street, so a slab/shallow foundation is suitable, and it helps that Trumansburg’s soil is less water-logged and more stable than Northside’s. This results in a lower development cost per square foot, so although they arguably could (and upset the neighbors even more), INHS isn’t pursuing a PILOT or abatement. The only tax savings will be for the eleven affordable owner-occupied units, which will be assessed for what they can sell for within the Community Housing Trust, rather than a market-rate value. This has the county’s support,because taxing a townhouse for double the value of what the lower-middle class homeowner could sell it for undermines its affordability.

3. Here’s an interesting note from Lansing regarding the Cornerstone land purchase. The first phase on 13.5 acres would be 68-72 units. The second phase on the remaining 8.9 acres would potentially host another 72 units. All of these would be affordable. This might cause a backlash as too much, but if one of the phases was general affordable housing, and the other affordable senior housing, then that might negate most of the blowback. Anyway, something to watch for.

On another note, the modified PDA for the Village Solars has a stipulation that the community center/mixed-use building (“F”, green dot) has to be completed by the end of 2020, and only 4 of the 9 other buildings will be approved before the community center is complete. Everything north of Circle North will not be allowed to start construction until the community center is open. This suggests a build-out of #116/#102, 2017-18, #2/#22, 2018-19, Community Center 2019-2020, #117/#36 2020-21, and K, L and M would be built in 2021-22.

I’ll be frank. This is not a good look. There were a number of concerns from property owners when the law was proposed for a length of one year, was unfairly long, and the town has not only realized their concerns, it’s exceeded them. The town is establishing a bad faith precedent through what property owners will complain as either being ill will, or incompetence. Part of me is concerned that anyone fighting the town on something, be it zoning, development, conservation or anything, will use this as an example of how the town “can’t be trusted”. I’ve never been a fan of moratoriums, because they end upseeking extensions. Not impressed to have another example to file away.

7. Short but interesting city of Ithaca Planning Board meeting meeting up. The only thing up for final approval is the McDonald’s rebuild at 372 Elmira Road, while INHS’s Elm Street and Lakeview’s West End project are set to begin formal environmental review. Here’s the agenda:

1. Agenda Review 6:00

2. Privilege of the Floor 6:01

3.Site Plan Review

A. Project: Commercial Rebuild (McDonalds) 6:10
Location: 372 Elmira Road
Applicant:McDonalds USA LLC
Actions: Consideration of Preliminary & Final Site Plan Approval
Project Description: The applicant proposes to replace the existing 4,800 SF restaurant facility with a new 4,400 SF building, construct a side-by-side drive-thru, install new landscaping, a dining patio, lighting, signage and a masonry landscape wall, as well as reconfigure the parking layout. The project is in the SW-2 Zoning District and requires an area variance. This is an Unlisted Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”), and the State Environmental Quality Review Act (“SEQRA”), for which the Planning Board as Lead Agency made a Negative Declaration of Environmental Significance on June 27, 2017.

B.Project: Elm St Apartments (Rebuild) 6:25

Location: 203-209 Elm Street
Applicant: Lynn Truame for Ithaca Neighborhood Housing Services Inc. (INHS)
Actions: Declaration of Lead Agency, Review of FEAF Parts 2 & 3
Project Description: The proposed project consist of the demolition of two single family homes and one
multiple dwelling and the construction of a single 12,585 SF apartment building with 13 dwelling units, parking for six vehicles, and other associated site improvements. Due to the slope of the site, the building will have 2 stories facing Elm Street and three stories in the rear. The project requires the consolidation of three tax parcels. The project is in the R-3a Zoning district and is seeking two area variances for relief from rear yard setback and parking requirements. This is a Type I Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”)§176-4 (1)(h)[3], and the State Environmental Quality Review Act(“SEQRA”)§ 617.4 (11) and is subject to environmental review.

C. Project: 709 West Court Street (Housing) 6:50
Location: 326 & 328 N Meadow St. and 709–713 W Court Street
Applicant: Trowbridge Wolf Michaels LLP for Lakeview Health Services Inc.
Actions: Declaration of Lead Agency, Review of FEAF Parts 2 & 3
Project Description: The applicant proposes to construct a five-story L-shaped building with footprintof 10,860 SF and GFA of 62,700 SF on the .81 acre project site comprising four tax parcels (to be consolidated). The building will containing sixty (60) one-bedroom apartments plus associated shared common space (community room, laundry facilities, lounges, and exterior courtyard), support staff offices, program spaces, conference room, utility rooms, and storage. The siting of the building allows for a small landscaped front yard, a south-facing exterior courtyard, and a 16 space surface parking lot in the rear of the site. Site development will require the removal of five structures and associated site elements. The project is in the WEDZ- 1 Zoning District. This is a Type I Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”)§176-4 (1)(k) and (n), and the State Environmental Quality Review Act (“SEQRA”) § 617.4 (11) and is subject to environmental review.

This is…curious. 311 College Avenue is The Nines restaurant and bar, and was built in 1905 as fire station No. 9 before the new station opened next door in the late 1960s. The old station was sold off and became the Nines in the early 1970s, and has been under its current ownership since 1980. The top two floors are used for storage, according to county records.

One response

24072017

Jack(16:04:19) :

I would love another update on the 201 college Ave building as I am a tennant patiently waiting to see if it will be done. It is only two and a half weeks away from its move in date so I would love to see some pictures and thoughts about how it has progressed and your thoughts on the remaining timeline.